MHD invests in Nabay.com to accelerate its growth

MHD invests in Nabay.com to accelerate its growth

Muscat: Mohsin Haider Darwish, one of the largest and pioneering business houses in the Sultanate of Oman, has signed an agreement to become a significant shareholder in the unique innovative global online marketplace – Nabay. com. The investment will help accelerate the platform's user-focused mission to become one of the largest cross-border e-commerce marketplaces in the region, as well as underscores MHD's commitment towards expanding its market reach within the GCC region, and beyond. The signing ceremony took place on May 6, at MHD HD head office in Muscat. Representing Nabay. com at the signing was its founder and chairman, Nabeel Jawad Sultan, while Mohammed Abdallah Al Kharusi, the Chief Investment Officer of MHD-ITICS, signed on behalf of MHD. Also in attendance at the event were other members of the executive and senior management of both companies. Nabay. com, a pioneering initiative by Nabeel Jawad Sultan, is a unique and innovative global online e-commerce marketplace offering. The platform offers three core services from a single platform for consumers and businesses around the world – both on web and mobile apps – termed as its three pillars – a one of its kind online mall 'The Nabay Mall', a community exchange